Trilogy Metals
TMQ
42 hedge funds and large institutions have $64.7M invested in Trilogy Metals in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 15 closing their positions.
2.11% less ownership
Funds ownership: 36.3% → 34.19% (-2.1%)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
25% less funds holding
Funds holding: 56 → 42 (-14)
51% less capital invested
Capital invested by funds: $131M → $64.7M (-$66M)
70% less call options, than puts
Call options by funds: $23K | Put options by funds: $77K
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$24.8M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$971K |
| 3 |
JG
Jefferies Group
New York
|
+$62.7K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$16K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
-$4.83M |
| 2 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$802K |
| 3 |
PC
PointState Capital
New York
|
-$766K |
| 4 |
TAM
TFG Asset Management
Grand Cayman,
Cayman Islands
|
-$635K |
| 5 |
PCM
Prelude Capital Management
New York
|
-$365K |
TMQ Hedge Fund Activity: Q1 2020 in Review
42 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Trilogy Metals (TMQ) for Q1 2020, worth a combined $64.7M — down 51% from $131M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TMQ and 4 opened new positions — a net loss of 11 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was Neuberger Berman Group, opening a new position worth an estimated $24.8M. The largest seller was Governors Lane, exiting entirely with an estimated $4.83M sold.
- 42 institutional investors held Trilogy Metals (TMQ) as of Q1 2020, down from 56 in Q4 2019.
- Funds reported $64.7M of Trilogy Metals stock for Q1 2020, down 51% quarter-over-quarter.
- 4 funds opened new Trilogy Metals positions in Q1 2020 and 15 closed out, a net change of -11 holders.
- The largest Trilogy Metals buyer in Q1 2020 was Neuberger Berman Group, an estimated $24.8M added.
- The largest Trilogy Metals seller in Q1 2020 was Governors Lane, an estimated $4.83M sold.
Based on aggregated 13F filings for Q1 2020.